The development in the Area of digitization has promoted many changes in the field of modern accounting. Artificial Intelligence (AI) is one of the important tool of digitisation which is used to help the industry in meeting the changing expectation of customers, suppliers, vendors and partners by involving new technologies. This Paper examines the use of Artificial Intelligence in Finance and Accounting sector. The Result shows that on Primary level Artificial Intelligence makes the Accounting Professionals free from lower-level repetitive work and improve the focus on providing important information to support business decisions. It also Provides base for improving Accounting Theory, Value Creation and Management Intelligence Mechanism in an organisation. The collaboration of Theory and digital tool like AI promotes the overall development of Accounting Theory. This Study also explain how AI can be used to improve Financial Expertise of Accounting Professional by enabling the processing and automated authorization of documents. This Study aims at analysing Accounting Professional perceptions regarding the main benefits and disadvantages of using Artificial Intelligence in accounting processes